Renewables Investment Breaks Records
Financing Offshore Wind Farms in the U.S.
As most readers are aware, the first major U.S. offshore wind farm to begin development was the Cape Wind project in Massachusetts. The project has been in the development phase for over a decade. The major barriers to development have been public opposition as well as the lack of an established regulatory framework with which to manage offshore energy development in the U.S.
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Financing Offshore Wind Farms in the U.S.